$4,478

Avg. Federal Grant

$5,757

Avg. Federal Loan

$29,225,092

Total Aid Awarded

Slippery Rock University of Pennsylvania (SRU) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

62%

Total Aid Amount Average Total Aid Awarded per year.

$29.225M

Financial Aid Official Website

www.sru.edu/admissions/financial-aid

Students can avail of scholarships provided by the university, such as Academic Affairs Scholarship, Accounting Department Scholarship, Captain Jim Unterwagner Scholarship, and Carrollton High School Scholarship, if they find educational expenses to be on the higher side. Notably, 92% of the students at Slippery Rock University of Pennsylvania get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $33,360,341. For additional information about financial assistance schemes, one can head over to SRUP’s financial aid page at http://www.sru.edu/admissions/financial-aid. The total percentage of candidates applying to Slippery Rock University of Pennsylvania who receive the Federal Grant is 36%. On the other hand, 62% of the candidates get the Student Grant, 43% receive the Institution Grant, and 36% get the Pell Grant. While the Federal Grant awardees receive an average aid of $4,571, the State Grant receivers and Institution Grant beneficiaries get $2,832 and $2,436, respectively. On the other hand, the average aid received by the Pell Grant awardees is $4,310. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At Slippery Rock University of Pennsylvania, the percentage of candidates who opt to avail of student loans is around 76%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

34%

State Grant Aid

43%

Institution Grant Aid

51%

Pell Grant

34%

Average Aid Awarded

Federal Grant Aid

$4,478

State Grant Aid

$2,785

Institution Grant Aid

$1,544

Pell Grant

$4,377

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$10,260

$30,001 - $48,000

$8,895

$48,001 - $75,000

$5,001

$75,001 - $110,000

$1,357

Over $110,000

$488

Student Loans for Slippery Rock University of Pennsylvania (SRU)

Average Loan Amount Average Loan Amount received per year.

$8,913/Year

Students Taking Out Loans

80%

Loan Default Rate

4.9%

Minumum Credit ScoreApply in as little asVariable APRFixed APR
Discover Student LoansNot Available15 minutes or less2.954.74 View disclosures
Credible6202 minutes5.38%-16.99%14.43%-16.99%1 View disclosures
Sallie MaeNot Available15 minutes1.13% - 11.23%¹ (with autopay)3.50% - 12.60%¹ (with autopay) View disclosures

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